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Sep 28, 2012
09/12
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our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery solved? this is a live look at the suburban detroit home where investigators are digging right now. more from the scene in a bit. >>> get your flag pins and sense of pride. we're talking economic patriotism on the campaign trail. newsroom starts now. >>> good morning. happy friday to you. i am carol costello. we begin this hour, new intrigue in one of the most iconic crime mysteries in u.s. history. police in the detroit suburb of roseville may be breaking new ground in the 1975 disappearance of the former union boss jimmy hoffa. minutes ago crews began drilling a core sample from w
our economy doesn't belong to just us anymore. it is a global economy. the next hour of "cnn newsroom" begins right now. >>> stoeshz we're watching right now in the newsroom, more u.s. staff leaving the embassy in tripoli, libya, as u.s. investigators try to figure out who is responsible for the attack in benghazi that killed the u.s. ambassador. a film maker hated by millions because of his anti-islam film is in jail. not because of the movie. really. the jimmy hoffa mystery...
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Sep 26, 2012
09/12
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KPIX
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ron would threaten the elimination of israel the secured of nations and the stability of the whole economy. >>> a lot of americans including myself are troubled by developments in the middle east. syria has witnessed the killing of tens of thousands of people. the president of the trip to visit a member of the brother of muslims. >>> he both canada its are expected to focus on the state of the comet. members of his own party have called for him to drop up after he made a controversial comments about rape. this debate was the final date for the tender this to remove your name from the ballot. >>> or ron and its nuclear program have been the spotlight at the assembly this week. what then hearly this week he reflecn his upcoming speech. >>> i have been coming to the united nations general assembly for eight years now seeking progress and friendly relations with all nations and the objective is still the same. >>> or representatives of various countries have walked out and purchase of a his speeches. >>> stretcher paycheck at lunch. it to 70's you to make a home for less than a dollar. >>> som
ron would threaten the elimination of israel the secured of nations and the stability of the whole economy. >>> a lot of americans including myself are troubled by developments in the middle east. syria has witnessed the killing of tens of thousands of people. the president of the trip to visit a member of the brother of muslims. >>> he both canada its are expected to focus on the state of the comet. members of his own party have called for him to drop up after he made a...
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>> this is a significant issue in colorado. >> the economy? >> we're not going to be legalizing weed anytime soon. >> one question is whether this a amendment will drive some of those voters to support gary johnson, the former republican governor of new mexico, who is a strong advocate of marijuana legalizati legalization. >> look it's a domestic issue. i know this isn't the first high profile attempt to legalize marijuana, so what's the track record? >> it hasn't been good. most recently in california, in the tea party election of 2010, polls said this measure might pass. california looked like it was on the verge. went down to defeat on election day. it's a significant tale for folks who look at polls this far out, especially in a state this deeply divided. but what's fascinating is the way this argument is being pitched right now. they're really trying to put schools forward on the issue. it's a different tactic than we've seen in the past. >> well, i can't wait till it comes up during the debate because i just bet that it will as it should
>> this is a significant issue in colorado. >> the economy? >> we're not going to be legalizing weed anytime soon. >> one question is whether this a amendment will drive some of those voters to support gary johnson, the former republican governor of new mexico, who is a strong advocate of marijuana legalizati legalization. >> look it's a domestic issue. i know this isn't the first high profile attempt to legalize marijuana, so what's the track record? >> it...
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the damage done to the economy could not be fully repaired in four years. and most of the debt that's been run up on his watch is a direct result of the economic collapse. first the recession that began in 2007 and the economic collapse that happened in 2008, which has driven tax revenues below 15% of income for the first time in 50 years and driven spending above 21% of income because so many people are on unemployment and food stamps and medicaid, medical assistance. if we had, when the economy recovers, a higher rate of growth, which it will in a year or so, what's going to happen is nothing happen. tax receipts go up 17%. spending will drop to under 21%. there will still be a substantial deficit, but it will be smaller. president obama's main contribution to this $16 billion debt, which is a trillion dollar debt, a ten-year figure projecting out ten years was the stimulus bill, which is $800 billion, which i believe was a good thing to do. i think that might be bigger without it. it kept people working and paying taxes and off the government payrolls. b
the damage done to the economy could not be fully repaired in four years. and most of the debt that's been run up on his watch is a direct result of the economic collapse. first the recession that began in 2007 and the economic collapse that happened in 2008, which has driven tax revenues below 15% of income for the first time in 50 years and driven spending above 21% of income because so many people are on unemployment and food stamps and medicaid, medical assistance. if we had, when the...
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Oct 4, 2012
10/12
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CNBC
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economy. >> no question. the economy for so many families in america have been very disappointing. many people are still looking for jobs. much of this is structural unemployment, as we've created more efficiencies in our factories, which means fewer jobs. so we have -- you know, we're still struggling with an 8-plus percent unemployment rate. that has to be part of the debate as to how -- what direction we go in the future. so it is my view, whoever is president in 2014 -- and i've been public about it. i am a democrat and voting for the president. >> you mean 2013? >> no, whoever is president in 2014, because my views of housing, my views in energy and my views on the banking system, i think we're going to have a rising economy. so i don't believe -- i think it's going to be -- we're going to have this success in our economy subject to working out our fiscal cliff, which we could spend a lot of time talking on. but i do believe the foundation for a stronger america is already here. >> larry,
economy. >> no question. the economy for so many families in america have been very disappointing. many people are still looking for jobs. much of this is structural unemployment, as we've created more efficiencies in our factories, which means fewer jobs. so we have -- you know, we're still struggling with an 8-plus percent unemployment rate. that has to be part of the debate as to how -- what direction we go in the future. so it is my view, whoever is president in 2014 -- and i've been...
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Sep 29, 2012
09/12
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CNNW
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the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now people are looking forward. you look at the polls over and over again and majority of people say feels bad now, but i think it's going to get better next year and optimism is something that counts in the economy and you're starting to get a little optimism and one reason i thank you guys is because this was an emergency for four years and now bad things about the economy have become chronic, not emergency any more. people in a weird way are getting used to the fact they have to lower their expectations. i keep saying that it's been four years, exa
the economy is not doing well. what's going on? >> the consumer confidence is taken from the third quarter, right? that was the second quarter. in the second quarter we had the drought and that was something that suppressed economic technology and it is going to be overcome. the question is, are people feeling a little bit better now as we get closer to the election because the economy isn't -- >> you're saying it's an anomaly. >> it's a rear view mirror indicator and now...
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Sep 28, 2012
09/12
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CNNW
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russia's economy is growing at 4%. our economy is growing at 1.3%. we're on a very different road than what i think the world expects for the people of the united states of america, and if i'm elected president of this country,ly get us back on a road of growth and prosperity and strength. [ eeng ] >> now, as we've seen over the last year, the world needs american leadership. i think we look around, and we say why is it we're at the mercy of events? why are we not shaping events? the other day -- i mean, the other day the president said that, you know, he has a vision for what's going to happen in the middle east, but there are going to be bumps in the road along the way. i don't consider 20,000 or 30,000 people dying in syria just a bump in the road or a muslim brotherhood president in egypt a bump in the road. i don't consider the killing of our diplomats in libya as a bump in the road, and i sure as heck don't consider iran becoming nuclear a bump in the road. we need someone who recognizes the seriousness of what's ahead and is willing to lea the
russia's economy is growing at 4%. our economy is growing at 1.3%. we're on a very different road than what i think the world expects for the people of the united states of america, and if i'm elected president of this country,ly get us back on a road of growth and prosperity and strength. [ eeng ] >> now, as we've seen over the last year, the world needs american leadership. i think we look around, and we say why is it we're at the mercy of events? why are we not shaping events? the...
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Sep 29, 2012
09/12
by
CNN
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for them to claim it was downsizing due to the economy, i think it's going to be a tough hurdle for the company to prove. i think he has a very legitimate case here. you know, the americans with disability act says employers must provide suitable arrangements for people with disabilities and here it just looks like it was blatant. the employer wanted nothing to do with this guy, didn't want him out on sick leave. just let him cut him lose and i think he has a very good case here. >> avery, is it kind of two-prong, the american civil liberties with disability act, as well as the family leave act that martin cupid will be able to, you know, contend? protections he should have gotten. >> i think, you know, martin cupid, what a great name. you have to have heart for this guy. the fact is that in addition, it's a 21-page federal lawsuit and it claims among other things not only did he lose the health care for the transplant but when he tried to get another job at another facility, they retaliated against him. this is a very, very serious case. the fact is when the federal judge took a look a
for them to claim it was downsizing due to the economy, i think it's going to be a tough hurdle for the company to prove. i think he has a very legitimate case here. you know, the americans with disability act says employers must provide suitable arrangements for people with disabilities and here it just looks like it was blatant. the employer wanted nothing to do with this guy, didn't want him out on sick leave. just let him cut him lose and i think he has a very good case here. >>...
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Sep 28, 2012
09/12
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CSPAN2
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is there anybody who thinks that raising taxes will help grow the economy? >> no. >> his plan is to continue what he is done before. the status quo has not worked. we cannot afford four more years of barack obama. we're not going to have four more years of barack obama. >> wednesday, president obama and mitt romney meet in the first presidential debate. the news our jim lehrer moderates. watch and engage with c-span including our live to be preachy at 7 p.m. eastern. the debate at night and post debate, your reaction, calls e-mails and tweets. fall live coverage on c-span, c-span radio and online at c-span.org. spent up next, white house officials in charge of cybersecurity speak about the growing concern over counterfeit computer parts and software. they spoke at the potomac institute on computer network threats posed by a foldable supply chain. this is about two hours. >> ladies and gentlemen, if i could have your attention, please. minus michael swetnam and on michael swetnam and ceo of the potomac institute for policy studies, and it's my distinct honor
is there anybody who thinks that raising taxes will help grow the economy? >> no. >> his plan is to continue what he is done before. the status quo has not worked. we cannot afford four more years of barack obama. we're not going to have four more years of barack obama. >> wednesday, president obama and mitt romney meet in the first presidential debate. the news our jim lehrer moderates. watch and engage with c-span including our live to be preachy at 7 p.m. eastern. the...
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Sep 27, 2012
09/12
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CNNW
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we had thought that the economy grew 1.7%, which is rlyve slow. ins growing about , china more than 7%. what we learned today is, in this is one of those revisions we found out that the growth was substallwe 1.3%. thurse of coas got the republicans talking. mitt romney put out a statements stuck in neutral. buit's not gang busrs.t utral should be running at 3% or higher to be a healthy economy and r theobs that have beest. let'sope itets to that level. a lot of people are counting on ali, tnks very much. >> mypleasure. >>> with only 40 days to the election, people across the country are focusing in on the presidential race. while we'teetrack of all thewate cooler debates, we haome exclusive eye-opening data about political discussions on the world's biggest social network, we're talking about facebook. let's bring in mark preston, he's taking a closer look. mark, tell our viewers what you're seeing. >> wolf, over the past 72 hours we've witnessed a large number of people all across the nation buzzing about mitt romney on facebook. so much so that
we had thought that the economy grew 1.7%, which is rlyve slow. ins growing about , china more than 7%. what we learned today is, in this is one of those revisions we found out that the growth was substallwe 1.3%. thurse of coas got the republicans talking. mitt romney put out a statements stuck in neutral. buit's not gang busrs.t utral should be running at 3% or higher to be a healthy economy and r theobs that have beest. let'sope itets to that level. a lot of people are counting on ali, tnks...
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Sep 28, 2012
09/12
by
CNBC
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and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, ahead of what is no longer a fiscal cliff but a fiscal retaining wall. when you consider that the republicans are run by the tea party and democrats don't have to change, we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that's a drag. china, there's a big hate on china right now. china is big hat. no. big mao cap no cattle. the worst downturn in two months is more representative of what's happening because there is no unity between the rich and poor nations. don't they show that there's no real hope for fiscal reform in that wounded country? today's action, i heard all day it's phony. me and many portfolio managers buy stocks and move them higher to the end of the quarter to get a little gain there. the conclusion, if this were monday coming up, a new month, a new quarter, you would see
and the economy has a little rough patch before it accelerates again. what happens if this is the rough patch that causes companies to slam on the brakes, ahead of what is no longer a fiscal cliff but a fiscal retaining wall. when you consider that the republicans are run by the tea party and democrats don't have to change, we have gone from thinking we can jump the fiscal cliff to thinking how can we slow business spending so that the collision won't destroy us? it's not just the u.s. that's a...
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Sep 26, 2012
09/12
by
CNN
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we really have to look at this man in terms of his economy, which is in very, very serious trouble. so he can bluster, he can threaten. of course a big issue is his nuclear program, etc. but in the end he's a man in trouble. he's going to be out of office in june. right now he has high unemployment, high inflation because of sanctions. they can't sell their oil very well. there are a lot of problems on his plate. >> this may be his swan song, but what do you expect will be his main mission at that lectern today? fire and brim stone to make people back home happy or maybe a legacy among all of these world leaders? a legacy among the u.n.? >> you know, i think actually it could be that legacy because after all he thinks of himself as a world states man and a leader of the country. he is a leader for the nonaligned nations. he thinks of himself as a leader of those people, those countries. his message is the united states is oppressing the world. it is, you know, an imperial list country and i, the leader of iran, am leading the charge against imperialism. so i think you're going to he
we really have to look at this man in terms of his economy, which is in very, very serious trouble. so he can bluster, he can threaten. of course a big issue is his nuclear program, etc. but in the end he's a man in trouble. he's going to be out of office in june. right now he has high unemployment, high inflation because of sanctions. they can't sell their oil very well. there are a lot of problems on his plate. >> this may be his swan song, but what do you expect will be his main...
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Sep 28, 2012
09/12
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KICU
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today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000. >> president obama was in virginia beach. he also talked to veterans and service members who spent 40 days now left for the election both candidates are spending the bulk of their time campaigning in swing states. >>> the california transportation commission today allocated $40 million caltrain to modernize track and eventually integrate into california's high speed rail project. the money will go toward a new high-tech signal system that prevents collisions and enforces speed restrictions. it also optimizes a number per hour. the long range is to have the track modernized by the year 2019. >>> a young actor is
today both spent time in virginia where the economy remains a dominant issue. >> our economy needs to be reinvigorated, and the president has laid out his plan. it's a continuation of the old plan. we can't afford four more years of the last four years. all right. >> romney also making while reaching out to veterans and service members. >> my opponent thinks it's fair for somebody who makes $20 million a year like him pays a lower rate than a cop or a teacher who makes 50,000....
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Sep 29, 2012
09/12
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CNBC
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they got to get this economy cooking. tonight i got a new albeit speculative way for you to play the gold ally. you know that for ages my position has been if you want to plate precious metal first do it in bullion or go with the etf that mirrors the price of gold. the monitors their stocks are too risky. we need a stock that could benefit from -- running a gold mine comes with all kinds of headaches. capital expenditure overruns, higher cash costs. mine shutdowns from labor disputes to bad weather to government intervention. gold is in a lot of places that aren't sterling democrat says. mark bristol ceo of wrangle told us gold mining is not for sissies. i have pretty much sworn off the entire space. but what if there was a company that gave you the benefits of the gold mining business, name lit ability to find new gold and increase production, and we like growth, without all the short-term headaches, these risks that make owning the stock such a horror show. i think that could be a terrific buy especially in an environme
they got to get this economy cooking. tonight i got a new albeit speculative way for you to play the gold ally. you know that for ages my position has been if you want to plate precious metal first do it in bullion or go with the etf that mirrors the price of gold. the monitors their stocks are too risky. we need a stock that could benefit from -- running a gold mine comes with all kinds of headaches. capital expenditure overruns, higher cash costs. mine shutdowns from labor disputes to bad...
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Oct 3, 2012
10/12
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KTVU
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economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground states. although nationally it's a very close election, he's been hammered in the battleground states. the debates can be a great equalizer for him, but also that increases the pressure on him, whereas i think we are going to see barack obama playing a lot more defense." that was bill allison of the sunlight foundation. at long last, a wall street firm is being sued for fraud in connection with the housing crash. the suit was filed monday by the new york attorney general. the lawsuit holds jp morgan chase responsib
economy. out of six 15-minute segments, 3 will focus on the nation's finances. the economy remains a top issue for voters. and many americans are anticipating a victory from the president. pew research reports 51% of voters say they think obama will win in tonight's broadcast. an analyst with the sunlight foundation tells first business that the pressure is on for the romney campaign. "in the polls it looks like romney is falling behind and falling further behind in the battleground...
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Oct 4, 2012
10/12
by
CNBC
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eye 146
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growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get similar returns still from the high-yield area. high yield acts like equities. you're not really changing your risk profile there but i'm also really interested in the emerging market areas. >> but not china. >> not china itself. that's true. it depends on some of the monetary policy, changes they may now make. but at this point, no, i agree. >> we have to leave it there. you called the market right. you said 15%. that's where we are. thanks for being with us. >>> let's go to seema for a market flash. >> we got a lot of ipos this week.
growth economy is slowing. if you're used to 5%, 10%, the impact that that has on energy, on materials, on all sorts of things is pretty significant. both for china and its implications for the rest of the world is pretty significant. >> you say 4% to 5% might be a reasonable return expectation in a domestic stock portfolio for next year. if i'm not satisfied with that, i'm greedy, i want more than that, where can i enhance my return under the scenario you predict? >> i would get...
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Sep 26, 2012
09/12
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KRON
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this could spell trouble for japan's economy. 2000 credit reports were looked at an discovered one of five people were going to get a score that was dramatically different. there are 49 different fica scores to determine your risk. the bureau says you should shop around in case of underseas a higher score than they think you have. >> people are still talking about the contention with the replaced and graphs and football. did not budge the nfl and talks with the referees. they have made no progress and the controversial monday night ruling. they said the pass was not to an interception. it was a touchdown and the seahawks get the win. there were four straight days of talks. they talked until midnight. there replaced and graphs will stay there. the replacement raffs referees will stay there. we will talk about what is up with the giants. >> we will take a quick break, we'll be back in a minute. here's a look break, we'll be back in a minute. here's a look outside there isthis is an rc robotic claw. my high school science teacher made me what i am today. our science teacher helped us bui
this could spell trouble for japan's economy. 2000 credit reports were looked at an discovered one of five people were going to get a score that was dramatically different. there are 49 different fica scores to determine your risk. the bureau says you should shop around in case of underseas a higher score than they think you have. >> people are still talking about the contention with the replaced and graphs and football. did not budge the nfl and talks with the referees. they have made no...
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Oct 3, 2012
10/12
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CNBC
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i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the export economy. you're saying that it's in trouble, it's broken. >> i'm not saying it's broken. i'm saying there's a transition going on towards consumption exporting to europe and real estate are no longer going to be their drivers nap will probably create more volatility than we've had in the past. >> how easy is it to expect this transition? you're buying in the consumer space. >> yes, and you have the transition of the government. one of the other big messages we picked up over there, particularly in i understondia, emerging market central banks, they're very concerned about what the traditional bank
i would tell you, i do think the chinese economy in particular, the export economy, is structurally broken. i think that's a big change. i've been going to china since 1995. i think there's a fundamental shift in what's going on. we saw that in the caterpillar numbers. you saw that in the federal express numbers. some people think that's cyclical. i think there's prob a m secular component to it. >> this is a very important point you're making because china's growth has been driven by the...
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Oct 3, 2012
10/12
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CNBC
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even if the economy gets stronger and you expect the feds to start tightening. that is why tonight we are checking up on a group of stocks that are renowned for beautiful yields. the real estate investment trusts. why? consider the ishares dow jones real estate etf. you can't decide on a single reit so you buy the whole cohort instead. it is up 12.9%. but in the last few weeks, we have been worried because this has been body slammed. we want to know if this is a garden variety pull back or the start of something worse. tonight we are going off the charts to figure out if the real estate investment stakes are done. he is a brilliant technician and perhaps the most reliable guy i have been dealing with on charts. take a look at the iyr daily chart. you can see that over the last few weeks this thing has been put through the proverbial meat grinder. is this a pull back off the recent time or are there signs of something more sinister? there is a developing head and shoulders pattern here. there you go. that is one of the most dreaded topping formations out there. n
even if the economy gets stronger and you expect the feds to start tightening. that is why tonight we are checking up on a group of stocks that are renowned for beautiful yields. the real estate investment trusts. why? consider the ishares dow jones real estate etf. you can't decide on a single reit so you buy the whole cohort instead. it is up 12.9%. but in the last few weeks, we have been worried because this has been body slammed. we want to know if this is a garden variety pull back or the...
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Sep 26, 2012
09/12
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CNBC
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they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any particular confidence. if you're a businessman, you're the labor demand. you're not going to hire anybody without knowing. you're going to wait if you can. most of them can wait. it's just going to get worse. >> all right. gentlemen, thank you both. it is one of the real thorny issues of our time right now as we head toward the election. former credit investment banker was reportedly arrested earlier today by london police. u.s. authorities are criminally charged him back in february alleging he and two other creditors conspired to inflate the value of mortg
they're not doing that in any sector of the economy. this is clearly blowing smoke. >> j.d., let me give you the last word because we are running out of time. don't you think that with all of the dysfunctionalty that goes on in congress they will find some sort of common ground so we don't have the taxmageddon? >> i don't think anyone has confidence that's the case. we all hope they'll get their act together and prevent this huge tax increase from hitting the economy. no one has any...
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Sep 28, 2012
09/12
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KQEH
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and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the stump. so right now, we're just trading harvest and what we think, and ultimately what we think the crop will be when we pull it out of the ground. >> reporter: scott, thanks so much. >> all right. thank you. >> tom: tomorrow, "politics in the pits" continues from chicago's livestock trading pits-- presidential politics, cattle, and pork bellies. the securities and exchange commission is taking a closer look this fall at the systems and computer programs brokerage firms use to place orders. the move comes after the big trading trouble at knight cap
and that also has to do with the economy. if the economy is doing well, there's more money sloshing around, you're going to see more speculation and you're going to see more business. >> reporter: are any elements of the election being priced into corn at this moment, or is this all drought and supply and demand driven? >> we are in harvest mode right now, so we're just really more concerned with what the bushel counter is saying in the combine than what legislator is saying on the...
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Sep 26, 2012
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> finally mitt romney's got something good to feel good about. i'm talking about unemployment. specifically, what we heard from paychex, the second largest pay rolling company in america. especially hiring small businesses, which irks main clients. last night we got results from paykhex and many considered it disappointing. now, i think paychex is a well-run business. while the company is facing a tough environment, the quarter wasn't terrible by any stretch of the imagination. it beat it by a penny on a 40 cents basis and 2% year over year. last time i thought that was the hugely important key metric. however, the growth year se
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ >>> finally mitt romney's got something good to feel good...
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Sep 27, 2012
09/12
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we had thought that the economy grew 1.7%, which is relatively slow. india's growing about 6%, china more than 7%. what we learned today is, again, this is one of those revisions that the government does. we found out that the growth was substantially slower, 1.3%. that of course has got the republicans talking. mitt romney put out a statement to say that the obama economy is stuck in neutral. in fairness, 1.3% isn't neutral, but it's not gang busters. we should be running at 3% or higher to be a healthy economy and recover all the jobs that have been lost. >> let's hope it gets to that level. a lot of people are counting on it. ali, thanks very much. >> my pleasure. >>> with only 40 days to the election, people across the country are focusing in on the presidential race. while we can't keep track of all the water cooler debates, we have some exclusive eye-opening data about political discussions on the world's biggest social network, we're talking about facebook. let's bring in mark preston, he's taking a closer look. mark, tell our viewers what you'r
we had thought that the economy grew 1.7%, which is relatively slow. india's growing about 6%, china more than 7%. what we learned today is, again, this is one of those revisions that the government does. we found out that the growth was substantially slower, 1.3%. that of course has got the republicans talking. mitt romney put out a statement to say that the obama economy is stuck in neutral. in fairness, 1.3% isn't neutral, but it's not gang busters. we should be running at 3% or higher to be...
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it also has to do with their perception that the economy's going to grow as long as the economy stagnate and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie at first of all great job out there today you listen and some great responses from people who had some great conversations so what did you think of that gentlemen's analysis is that does he see it the same way you do as far as the impact of low rates and. yeah basically i agree with them if they work on first the chicken and egg scenario but if you are a prudent business manager you don't take on debt without a business case for and that if you do then you are manager and you will soon be out of business but what the government what the so what the fed and the government actually put the fed is trying to do is if it is trying to take businesses who rely on. or free money more risk free money
it also has to do with their perception that the economy's going to grow as long as the economy stagnate and it's just flat it's not worth the risk of borrowing more money even at low interest rates to expand your business because you don't see the future sales. interesting point let's bring back entrepreneurial investor reggie middleton author of the popular boom bust blog too i should say so reggie at first of all great job out there today you listen and some great responses from people who...
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Oct 2, 2012
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the feds attempt to jump start the economy by any means necessary. think about how the people might have sold in october last year. why doesn't this calendar style of investing interest me to make money? simple. every year there is a way to make money. let me give you examples of why this is a lazy force that is nothing but a lovy blanket. first, when these numbers or patterns were created, the u.s. was in control of its own destiny. our fings ago system is connected with theirs. do you think any of the historical data takes on that shift that we have to deal with? no, do you think i would be ringing a gong five years ago? i think this is kind of a recent event you know. gong show. i cannot recall another time when the federal reserve is taking the step to lower the -- if the economy gets better. that means you have to lower stocks. history shows it has to be one. of course it didn't pay to sell those stocks in september. september is the worst month for investing. third, there is apple. we've never had a $600 billion stock before. we've never had a
the feds attempt to jump start the economy by any means necessary. think about how the people might have sold in october last year. why doesn't this calendar style of investing interest me to make money? simple. every year there is a way to make money. let me give you examples of why this is a lazy force that is nothing but a lovy blanket. first, when these numbers or patterns were created, the u.s. was in control of its own destiny. our fings ago system is connected with theirs. do you think...
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Sep 26, 2012
09/12
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they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen in the past. tear gas being used by the police to disperse the protesters. a lot of back and forth. that lasted just a couple of hours. it was smaller than we've seen in the past. but once again, two capitals in europe erupting in the last two days, today, in fact over austerity measures being imposed as they try to balance their budgets. >> michelle caruso-cabrera, thank you for that update. beakers, i'm going to you. the worse things get, the more likely it will be that spain actually seeks a bailout, right? borrowing costs have to remain high. 32 basis points rose in spani
they've seen their economy falling. they've seen very high rates of unemployment. as high as 50% for young people. we also saw violence in athens greece, today as well. they were protesting there as well because you could say, same story. another round of cuts of government spending which will mean lower salaries, pensions that could be affected as well. a lot of the details haven't come out, but they kind of know the story already. this is athens. once again, molotov cocktails as we have seen...
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Oct 4, 2012
10/12
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who would you rather have hanel the economy. an economy, romney by a huge margin. medicare, all the way down, so it just seemed like the president didn't respond in a way, that folks -- everybody went into the debate suspecting he would win. >> i was very candid. the challenger always -- always, always, always gets the bunch with the sitting president. they are on the stage with the president, toe to toe, much has been written about that. we knew that. and we knew governor romney has been practicing, reherselfing lines since june for this. >> and you know you also get another one. will i see you october 16th? >> i'll be there. >> me too. >> wolf being back to you. >> candy will be moderating the next presidential debate. jim acosta with a special guest, marco rubio who supports mitt romney. must be pretty happy. >> that's right, wolf. we had senator rubio listen to david axelrod's comments. we heard him say let's not get caught up in the theater of the moment. i'm guessing from your vantage point, it was a good play tonight. >> the only one more frustrated than bar
who would you rather have hanel the economy. an economy, romney by a huge margin. medicare, all the way down, so it just seemed like the president didn't respond in a way, that folks -- everybody went into the debate suspecting he would win. >> i was very candid. the challenger always -- always, always, always gets the bunch with the sitting president. they are on the stage with the president, toe to toe, much has been written about that. we knew that. and we knew governor romney has been...
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Oct 2, 2012
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can you crack the calculus for growth in this economy? the answer for us is yes, we have been able to crack that calculus for growth. we haven't wasted the crisis. i guess that's the key. we've been able to ensure we can continue to increase investments in our brands, and that's why our brands are more relevant today and healthier today than they've been for all our history. >> where is it most challenging right now for you in the world? >> i think probably europe certainly is going to continue to go through some difficult times. not any worse than it's been. it is stabilizing. but it certainly is not going to see a recovery immediately. the recovery is going to be long in europe. in the united states, i think -- >> yeah, how about the u.s.? >> i believe that u.s. is going to lead the world out of this current stalemate for sure. we see some improving signs, consumer sentiment in the united states. housing is coming back in the united states. we're investing. we've invested $10 billion in the u.s. market over the last three years. we do s
can you crack the calculus for growth in this economy? the answer for us is yes, we have been able to crack that calculus for growth. we haven't wasted the crisis. i guess that's the key. we've been able to ensure we can continue to increase investments in our brands, and that's why our brands are more relevant today and healthier today than they've been for all our history. >> where is it most challenging right now for you in the world? >> i think probably europe certainly is going...
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reinvigoration of the economy on its feet. interesting that people put more money, there was stock from a the ecb, and they would be euro printing. and giving some impetus to the rising gold but some say it is time to become too much bluster and dropping back a little bit after its recent run up. financials really applauding the market. look at j. p. morgan up 2%. bank of america up 3% but all of the banking stocks doing very well. you have financials in the market. when the bell rings the argument begins that the regulation with -- about to go down in flames with revelations from a man at the helm. one of the nation's biggest banks during the heart of the meltdown. john ellison is here to focus the blame back where it belongs. you don't want to miss this debate. cleveland is open for business. liz claman in the heart of the city. what makes their city the place to be? liz: you should be here. this is a rock and roll hall of fame at huge tourist attraction. look what i got you. and he was two years old. and this was the best.
reinvigoration of the economy on its feet. interesting that people put more money, there was stock from a the ecb, and they would be euro printing. and giving some impetus to the rising gold but some say it is time to become too much bluster and dropping back a little bit after its recent run up. financials really applauding the market. look at j. p. morgan up 2%. bank of america up 3% but all of the banking stocks doing very well. you have financials in the market. when the bell rings the...
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Sep 27, 2012
09/12
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WMAR
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too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this message. >> he cracked it himself. carrie underwood was at a concert in louisville. there was kid in the audience, holding a sign that said will you be my first kiss? she pulled him on stage. here's what happened. >> 12 years old. >> you got a jump on me. i was 14 when i had my very first kiss. just so you know my husband is somewhere in this building, might be looking for you later. >> how are we going do this? >> lip to lip. >> this is the smartest kid ever! >> close your eyes. >> jimmy: he went for lips. let's show this that video. my research and development te
too many americans are struggling to find work in today's economy. too many of those working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. 15 million more are on food stamps. my job creates 12 million jobs over the next four year. we shouldn't measure compassion by how many people are on welfare, we should measure compassion on how many people are off welfare and able to get a good paying job. i'm mitt romney and i approve this...
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Oct 4, 2012
10/12
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economy. my plan has 5 basic parts. one get us north america energy independent, that creates about 4 million jobs. number two open up more trade particularly in latin america, crackdown on china if and when they cheat, number three make sure our people have the skills they need to succeed, and the best schools in the world (we're far away from that now), number four get us to a balanced budget, number 5 champion small business. gov romney's central economic plan calls for a 5 billion dollar tax cut, on top of the extension of the bush tax cuts-- that's another trillion dollars and 2 trillion dollars in military spending that the military hasn;t asked for. that's 8 trillion dollars. how we pay for that, reduce the deficit, make the investments we need to make without dumping those costs on the middle class americans is one of the central questions of this campaign. president barack obama and former governor mitt romney adapted to the new format of debate, six segments of 15 minutes each. the next presidential debate is
economy. my plan has 5 basic parts. one get us north america energy independent, that creates about 4 million jobs. number two open up more trade particularly in latin america, crackdown on china if and when they cheat, number three make sure our people have the skills they need to succeed, and the best schools in the world (we're far away from that now), number four get us to a balanced budget, number 5 champion small business. gov romney's central economic plan calls for a 5 billion dollar...
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of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making loans. you have to have regulations so that you can have an economy work. every free economy has a good regulation. at the same time, regulation can become excessive. >> is it successful now? >> in some places, yes. it could become out of date. what's happening with some of the legislation passed during the president's term, you've seen regulation become excessive and it's hurt the economy. dodd-frank was passed, and it includes provisions that have it telling banks too big to fail. this is the biggest kiss that's been given to ne
of the economy right now? is there too much? and in your case, mr. president, should there be more? beginning with you, this is not a new two-minute segment. we'll go for a few minutes and then we're going to go to health care. okay? >> regulation is essential. you can't have a free market work if you don't have regulation. as a business person, i had to have -- i needed to know the regulations. i needed them there. you couldn't have people opening up banks in their garage and making...
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Oct 2, 2012
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what about the economy? this is going to be the top issue in this domestic oriented debate tomorrow night. can you get any closer than that? one thing i want to talk about. the gender gap. weaver seen it. and here's a brand new poll from quinnipiac university, another survey in the last hour, not even that. look at that. president with a very large advantage among women voters. in our poll it was a little smaller but the president also had the advantage. mitt romney has an advantage among men but not by as much. >> ten points. not enough to make up for the gap with women. thanks very much for being with us this morning. great to see you in person. >> great to be here. >> in a few minutes sean spicer will join us live. he's the communications director for the republican national committee. >> also ted strickland the obama campaign's national co-chair. >>> word that an egyptian nil tant freed from prison in the wake of the arab spring is linked to the attack on the u.s. consulate in libya that killed four amer
what about the economy? this is going to be the top issue in this domestic oriented debate tomorrow night. can you get any closer than that? one thing i want to talk about. the gender gap. weaver seen it. and here's a brand new poll from quinnipiac university, another survey in the last hour, not even that. look at that. president with a very large advantage among women voters. in our poll it was a little smaller but the president also had the advantage. mitt romney has an advantage among men...
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Sep 27, 2012
09/12
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economy grew even slower in the second quarter than initially reported. ring the opening bell is tony bass, president and ceo of the sm energy company. >>> is your money you will haver in trouble a cybersnake according to the "new york times," banks like jpmorgan chase are coordinating with the homeland security department after a string of cyberattacks hit american financial institutions the past two weeks. an attack is expected today on pnc financial services. >>> taken 35 years of research. another painting is larger than the famous version hanging in paris and believed to be ten years old there are some people who doubt it was actually da vinci's work. >>> you know about the nation's war on drugs, not only ruled the headlines but echoed from the oval office to the campaign trail. what is the nation's anti-drug strategy now? cnn's john zarrella continues our week-long look at the issues, big and small, of the presidential elength. >> reporter: a fishing trawler tries outrunning a coast guard cutter. the crew of the cutter fires its 50-caliber machine g
economy grew even slower in the second quarter than initially reported. ring the opening bell is tony bass, president and ceo of the sm energy company. >>> is your money you will haver in trouble a cybersnake according to the "new york times," banks like jpmorgan chase are coordinating with the homeland security department after a string of cyberattacks hit american financial institutions the past two weeks. an attack is expected today on pnc financial services. >>>...